Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
KRG Prime Minister Masrour Barzani received a delegation from Saudi Arabia on Monday, headed by Dr. Saad Al-Shahrani, Deputy Minister of Investment. The meeting revolved around enhancing mutual ties, with a particular focus on Saudi Arabia's investments in the Kurdistan Region. Prime Minister Barzani highlighted the enduring friendship between the Kurdistan Region and Saudi Arabia, […]
By John Lee. In the latest credit rating report by Standard & Poor's (S&P), Iraq has retained its credit rating at B- / B with a stable outlook. According to the statement from the Ministry of Finance, the report highlights Iraq's financial and economic stability. It continues: "This new rating reflects Iraq's continued economic and […]
"AAA Holding Group, Led by CEO Amet Selman, Ushers in a New Era of Fertilizer and Agricultural Advancement in Iraq " AAA Holding Group, under the visionary leadership of CEO Amet Selman (pictured), in collaboration with the State Company for Fertilizer Industry, is set to redefine agricultural standards in Iraq with a groundbreaking initiative. The […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Banks to Fuel the Market's Next Phase The market, as measured by the Rabee Securities RSISX USD Index, was up 16.3% for the month and up 65.5% […]
Amet Selman, CEO of AAA Holding Group, Attends Prestigious Luncheon with UK Prime Minister and Baroness Nicholson LONDON - In a significant meeting of minds, Amet Selman, the renowned CEO of AAA Holding Group, was among the distinguished guests at a luncheon hosted by the Conservative Party in London. The event was marked by the […]
By John Lee. Mr. Ziyad Ali Fadel, the Minister of Electricity, welcomed the delegation from German Embassy in Iraq at the ministry's headquarters last week. The delegation included representatives from the German Export Credit Agency and the Executive Director of Siemens in Iraq. During the meeting, Minister Fadel highlighted the strategic partnerships and significant agreements […]
By John Lee. The Japanese government has reportedly announced the initiation of seven new projects in Iraq, building upon their history of contributions to the nation. Futoshi Matsumoto (pictured), the Japanese ambassador to Iraq, told the state-run Iraqi News Agency (INA) that Japan has successfully executed 30 significant projects over the last two decades, all […]
The establishment of AAA Holding Group's new fertiliser plant in Basra has been one of the most significant investments in Iraq in recent years, helping to diversify the country's industry away from oil. With a major new expansion now underway, Iraq Business News interviewed the company's CEO, Amet Selman, about his vision for the business. […]
From the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Bridging the U.S.-Iraq Business Gap On August 14, The Washington Institute held a virtual Policy Forum with Mais Abbas Abousy, Safwan Al-Amin, and Amer Aladhadh: Abousy is a […]
By John Lee. The Minister of Electricity presided over a significant meeting with a delegation from the UAE-based company Masdar. The company is planning solar power projects in Maysan, Thi Qar, Anbar, and Kirkuk. The minister highlighted the government's commitment to diversify energy sources and reduce reliance on gas and fossil fuels. He emphasized the […]
By John Lee. Qatar's Estithmar Holding Q.P.S.C. has announced that its subsidiary, Elegancia Healthcare W.L.L., has established a branch in Iraq in line with the memorandum of understanding that was signed recently with the aim of managing and operating several hospitals that will start soon in Iraq. Estithmar also announces that it's subsidiary, Elegancia Marine […]
By John Lee. The Kurdistan Regional Government (KRG) has issued a summary of investments in the region over the past four years: Between August 28, 2019, and August 5, 2023, the ninth cabinet of the Kurdistan Regional Government completed 280 diverse investment projects across the region. A total of $13.53 billion was invested in these […]
